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Norwegian Cruise Line Holdings Ltd. NCLH Food And Beverage — Cost of Goods Sold

Other product segments

Commissions Transportation And Other
$397.61M+0.6%
Payroll And Related
$380.22M+13.7%
Service Other
$198.58M+7.6%
Fuel Expense
$168.93M-3.5%
Onboard And Other
$151.87M+9.4%

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$24.18M+6.8%

Other financials

Income statement

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Revenue$2.6B+4.9%
Gross profit$1.1B-0.7%
Operating income$363.3M-14.3%
Net income$222.6M+642%
EPS (diluted)$0.48+586%

Balance sheet

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Cash & equivalents$218.1M+18.5%
Total debt$15.0B+9.0%
Total equity$2.6B+63.9%
Total assets$24.0B+11.2%

Cash flow

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Operating cash flow$602.6M-15.7%
CapEx$457.7M+37.2%
Free cash flow$144.9M

Valuation

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Market cap$9.32B-16.9%
Enterprise value$24.14B-2.7%
P/E12.3×-3.3×
P/S0.9×-0.3×

Profitability

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Gross margin42.5%+1.1pp
Operating margin15.1%-0.9pp
Net margin7.5%0.0pp
FCF margin-4.7%

Returns & leverage

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Return on equity36.7%-26.8pp
Debt / equity5.8×-2.9×
Current ratio0.2×0.0×

Where this comes from

Reported directly by Norwegian Cruise Line Holdings Ltd. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Norwegian Cruise Line Holdings Ltd.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 3:44 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-054833
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Onboard and other151,868138,858
Payroll and related380,216334,504
Fuel168,926175,014
Food80,68275,588
Other198,584184,631
Total cruise operating expense1,377,8811,303,938
Other operating expense
Marketing, general and administrative459,681391,376

Item 1. Financial Statements

FAQ

What is Norwegian Cruise Line Holdings Ltd.'s food and beverage — cost of goods sold?
Norwegian Cruise Line Holdings Ltd. (NCLH) reported food and beverage — cost of goods sold of $80.68M in Q1 2026.
How has Norwegian Cruise Line Holdings Ltd.'s food and beverage — cost of goods sold changed year-over-year?
Norwegian Cruise Line Holdings Ltd.'s food and beverage — cost of goods sold increased by 6.7% year-over-year, from $75.59M to $80.68M.
What is the long-term trend for Norwegian Cruise Line Holdings Ltd.'s food and beverage — cost of goods sold?
Over 4 years (2021 to 2025), Norwegian Cruise Line Holdings Ltd.'s food and beverage — cost of goods sold has grown at a 49.6% compound annual growth rate (CAGR), from $63M to $315.46M.
What does food and beverage — cost of goods sold mean?
This metric represents the direct costs associated with the procurement, preparation, and delivery of food and beverage offerings provided to guests on cruise vessels. It captures the variable expenses directly tied to guest consumption, including raw ingredient costs, beverage inventory, and associated logistics. Monitoring this figure helps assess the efficiency of supply chain management and the impact of inflation on onboard hospitality margins.

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